Economics and Investing:

KAF sent us this article: World at Risk of Folding in on Itself: Deputy Doom

Regulators on Friday shut down three banks in Florida, two in South Carolina and one in Michigan, bringing to 96 the number of U.S. banks to fail this year

Damon recommended this primer: What is the U.S. Dollar Index?

From frequent content contributor RBS: Canada ponders pulling the plug on the penny. Oh, and speaking of which… Man tries to pay tax with 200,000 pennies

Signs of the times: $20 Million Spent On Stimulus Signs?

Items from The Economatrix:

Higher Education Funds Buys Gold Over Economic Worries

The US Economy is a Dead Horse and the American People are Starting to Get Really P*ssed Off and Frustrated

1.65 Million Properties Received Foreclosure Notices First Half of 2010

More is Spent on Jobless in US, But Benefits Near End

Fed Grows Increasingly Worried About Recovery

Fears Grow as Millions Lose Jobless Benefits

22 Statistics that Prove that Middle Class America is Being Systematically Wiped Out of Existence

Sticking It To Small Business

Gold and Silver Rise versus Falling Dollar as Chinese “Take Refuge” in Precious Metals; World Faces Shortage of “Safe Assets”